2313 E Harvard StPhoenixAZ85006
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Investment property for sale in Phoenix at 2313 E Harvard St, Phoenix, AZ, 85006 uses $102,904 cash to close to unlock $9,461/yr annual cash flow and $788/mo monthly cash flow. Total monthly income runs $2,623/mo, and a $1,519/mo payment keeps the spread at $788/mo. Purchase price stands at $310,420, and rental yield measures 10.14% with $2,623/mo rent. Return on cash invested shows 29.1% in year one, and 5% annual appreciation builds toward $85,763 over five years. Five-year ROI reaches 151.8% and total cumulative return in cash records $156,211. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,623/mo property income covering a $1,519/mo payment rather than investor’s personal income.
Multi Family
Built in 1973
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 85006, Phoenix, AZ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,555 (100%) |
| Owner Occupied HU | 4,012 (38.0%) |
| Renter Occupied HU | 5,355 (50.7%) |
| Vacant Housing Units | 1,188 (11.3%) |
| Median Home Value | $475,805 |
| Average Home Value | $561,558 |
Housing Distribution
Address Breakdown
Residential
9,599
Single Family
7,111
Multi-Family
2,488
Businesses
788
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices